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  • John Power of Deloitte Touche Tohmatsu's London office advised Compass on UK and international tax issues. Francis Sandison and Tim Crosley of Freshfields also provided international tax advice.
  • A question mark hangs over the future of UK stamp duty as part of the fall-out from the planned merger of the London and Frankfurt stock exchanges
  • On March 22 2000, the Estonian parliament adopted an Amendment Act of Commercial Law, effective April 17 2000, which will increase the income tax liability of public limited companies.
  • On May 3 2000, the Dutch Ministry of Finance issued a statement clarifying its new ruling policy on the tax-driven use of hybrid instruments and hybrid entities. Dick A Hofland and Eelco B van der Stok of Freshfields, Amsterdam and London, report
  • Joseph Doloboff has left Skadden, Arps, Slate, Meagher & Flom to join Ernst & Young's new West Coast National Tax Practice in Palo Alto. Doloboff will join Gregory Soukup as co-director of the practice, which focuses on providing tax, accounting and other transactional services to Ernst & Young's west coast and technology industry clients.
  • Tax issues were dealt with by Ashley Greenbank of Macfarlanes on behalf of Virgin, who also turned to Ashurst Morris Crisp corporate partners Clive Tucker and Nick Angel in London.
  • Davis Polk partner Kathleen Ferrell, along with associate Roger Wise of the firm's New York office, are providing tax advice.
  • Foreign investors should act now if they want to get the best out of post-WTO China.
  • The agreement with Champion, a forest products company operating in the US, Brazil and Canada, went ahead following the withdrawal from the bidding of Finland's UPM-Kymmene. International Paper will purchase Champion for $75 per share in cash and stock in an offer valued at $7.3 billion, excluding $2.3 billion in net debt. The total purchase price would be paid with $50 in cash and $25 in stock.
  • Luminar turned to Andrew Sheach of CMS Cameron McKenna for tax advice. Northern Leisure consulted Ashurst Morris Crisp, where partners David Macfarlane, Nigel Stacey and Nigel Ward led the advisory team.